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3 Reasons Why An Analyst Thinks Bitcoin Will Plunge Below $6,400

While Bitcoin remains up in 2019, outperforming effectively all other assets except for altcoins and Tesla, market participants have been scared by the recent reversal. In fact, one popular cryptocurrency trader, who called the bearish reversal quite well over the past few days, has warned that the macro BTC bottom might not have been established at $6,400 in December. дальше »

2020-2-27 19:59


BTC Remains Unaffected With Stock Market Plunge, Out of Control Gold; But It’s a Good Thing

Renewed fears that the coronavirus will negatively affect the global growth has Gold going out of control. The bullion soared toward $1,700 an ounce amidst a flight to haven assets. “Commodities are witnessing another risk-off day as coronavirus concerns boil up,” said Norbert Ruecker, head of economics at Julius Baer Group Ltd adding, “the flight […] дальше »

2020-2-25 19:22


Bitcoin, Tesla Stocks Both Up 32% YTD, Can Crypto Pull Ahead?

The year-to-date gains of Bitcoin (BTC) and Tesla (NASDAQ:TSLA) are both tied right now at 32% (at time of writing). Curiously, this stock has been behaving quite similar to the crypto markets. Bitcoin Still More Volatile, Shows Potential for Bigger Move The question remains whether bitcoin will be capable of a bigger climb, now that prices have established themselves well above $9,300. дальше »

2020-1-29 16:00


Bitcoin Chart Printed This Bullish Signal As Price Retook $7,400

Since plunging to $6,400 around December 18th and rocketing back to $7,000 the day later, Bitcoin has stalled, flatlining in the low-$7,000s as the market remains largely directionless. Related Reading: Why the Bitcoin’s Bearish MACD Cross May Not Plunge Price But on Saturday, BTC started to show that it had room to run, with the... The post appeared first on NewsBTC. дальше »

2019-12-30 22:32


Sorry Bulls, Bitcoin Indicator That Called 50% Decline Still Flashing “Sell”

Since Bitcoin (BTC) bounced cleanly off the macro $6,400 support earlier this month, analysts have been wondering if the pain is over for the cryptocurrency market. According to two key trend indicators, which predicted previous bear markets and bull markets, the medium-term to long-term trend remains bearish, unfortunately enough. дальше »

2019-12-26 00:00